Excellon Resources
Financials:
Primary ticker: TSX:EXN, NYSE:EXN
Stage of development: Exploration, Development, Production
Primary minerals: Gold, Silver
Project to promote: Kilgore, Silver City
Project location: Idaho, US & Saxony, Germany
Website: excellonresources.com
Excellon holds a project portfolio that includes the Kilgore gold project in Idaho, the Silver City exploration property in Saxony, Germany as well as the past-producing Platosa silver-lead-zinc mine in Mexico.
Cash: CAD$2M
Debt: CAD$13.4M
Major shareholders:
Eric Sprott
Chris Lee-Barber
ETF Prime Junior Miners (SILJ)
Van Eck
Management Profile
Shawn Howarth – CEO
Shawn has over 22 years’ experience in the mining industry spanning project evaluation, corporate finance, stakeholder relations and corporate strategy. Most recently, he was Vice President, Corporate Development of Harte Gold Corp., where he was instrumental in development of the Sugar Zone mine and ultimate restructuring and sale of the company. Previously, Mr. Howarth worked in investment banking and mining advisory on the global mining and metals teams with Standard Chartered Bank and Gryphon Partners Canada. He holds a Master of Business Administration from the Ivey School of Business and a Bachelor of Applied Science from Queen’s University.
What is your rationale for taking part in 121 Mining Investment?
Looking for new investors
What recent news would you like to highlight to investors attending?
Sept 12 – EXCELLON PROVIDES CORPORATE UPDATE
July 25 – EXCELLON IS DRILLING KILGORE
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
M&A in Mexico
Exploration at Idaho
Exploration at Silver City
6 Months:
Silver City Spinout
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Financing risk, negative market sentiment
What do you think makes your company such a compelling investment?
Low valuation, strong operational team in Mexico pursuing M&A opportunities, world class exploration assets in Idaho and German, potential spin-out of Silver City
What are the top 3 key investor takeaways?
Low valuation, strong operational team in Mexico pursuing M&A opportunities, world class exploration assets in Idaho and German, potential spin-out of Silver City